by Jyotsna Bucktowar | Apr 29, 2025
Between May 2021 and February 2024, the trio allegedly ran the scheme through a trust controlled by Alexander, Vanguard Holdings Group Irrevocable Trust (VHG), promising investors guaranteed returns of 3% to 6% per month from international bond trading activities....
by Jyotsna Bucktowar | Apr 22, 2025
According to the SEC’s complaint, Palafox used Ponzi tactics to deceive investors, falsely promising high returns from his supposed trading platform, which he claimed utilized sophisticated crypto and forex strategies. Instead, Palafox misappropriated over $57...
by Jyotsna Bucktowar | Dec 20, 2024
Deutsche Bank Securities has been fined US $4 million for failing to file suspicious activity reports on time between April 2019 and March 2024 despite receiving requests linked to law enforcement investigations. The SEC found the company took more than two years in...
by Jyotsna Bucktowar | Oct 16, 2024
The SEC alleges took control of Minerco a dormant penny stock and appointed its head to promote the company as a pioneer in psilocybin mushroom research. From 2020 to 2021 issued false statements, claiming Minerco had partnerships and valuations that didn’t exist, and...
by Jyotsna Bucktowar | Jul 26, 2024
The whistleblower persisted in reporting the misconduct internally, which led the employer to conduct its own investigation and eventually report the results to the Commission. This self-report caused the Commission to open an investigation. Further, without the...
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